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Net Income Attributable to IPG Photonics Corporation Per Common Share (Computation of Diluted Net Income) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Earnings Per Share [Abstract]        
Net income attributable to IPG Photonics Corporation common stockholders $ 76,264 $ 75,402 $ 202,804 $ 213,329
Basic weighted average common shares 51,628,701 53,387,175 51,449,367 53,500,507
Dilutive effect of common stock equivalents (in shares) 108,289 446,577 176,565 552,836
Diluted weighted average common shares 51,736,990 53,833,752 51,625,932 54,053,343
Basic net income attributable to IPG Photonics Corporation per common share (in dollars per share) $ 1.48 $ 1.41 $ 3.94 $ 3.99
Diluted net income attributable to IPG Photonics Corporation per common share (in dollars per share) $ 1.47 $ 1.40 $ 3.93 $ 3.95